GEO GROUP INC (GEO) Form 10-Q — Aug 6, 2026

$GEOForm 10-QFiled Aug 6, 2026, 4:03 PM ET0001193125-26-337932Original filing

GEO Group reported Q2 2026 revenues of $732.1 million, up 15.1% from $636.2 million a year earlier, with net income attributable to the company of $47.5 million and diluted EPS of $0.36 versus $0.21 in Q2 2025. Growth was led by the U.S. Secure Services segment, up 17.8% YoY on activations at Delaney Hall, North Lake, D. Ray James and the North Florida Detention Center, with company-wide occupancy reaching approximately 91% across 68,245 active beds.

Key figures

Eps: $0.36 diluted Q2 2026 (vs $0.21 Q2 2025); $0.65 diluted six months 2026 (vs $0.35)
Revenue: $732.1 million Q2 2026; $1,437.3 million six months 2026
Guidance: 2026 annual effective tax rate estimated at approximately 29% to 31%, exclusive of discrete items
Net Income: $47.5 million Q2 2026; $85.8 million six months 2026 (attributable to GEO)
Total Debt: approximately $1.52 billion ($650 million 8.625% Senior Secured Notes due 2029, $625 million 10.250% Senior Notes due 2031, $248.9 million credit agreement borrowings)
Revenue Yoy: +15.1% Q2; +15.8% six months
Total Assets: $3.74 billion
Cash Position: $55.0 million cash and cash equivalents at June 30, 2026
Shares Outstanding: 131619584
Idle beds: 6646
Active beds: 68245
Occupancy rate: approximately 91% company-wide (excluding idle facilities)
Total capacity: approximately 75,000 beds at 96 facilities
Rivers facility beds: 1320
Big horn facility beds: 1188
Share repurchases six months: $86.7 million
Us secure services revenue q2: $520.5 million (+17.8% YoY)
Idle facilities carrying value: $188.1 million
Operating cash flow six months: $236.5 million (vs $110.4 million prior year)
Capital expenditures six months: $42.3 million
Electronic monitoring revenue q2: $76.2 million (-3.5% YoY)
International services revenue q2: $63.0 million (+42.3% YoY)

Price after filing

1 day: +0.4%7 days: -2.9%30 days: +1.5%

Close on the filing date to close N calendar days later (from $31.29). Historical, not a forecast.

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